Image from MarketBeat Media, LLC. Key Points Virtus Investment Advisers LLC increased its Tesla stake by 36.2% in Q2, buying 1,293 shares to hold 4,863 shares valued at about $1.545 million. Major institutions — including Norges Bank, Goldman Sachs and Vanguard (Vanguard now owns ~251.4M shares) — have made sizable moves so that 66.20% of Tesla is institutionally owned, yet analysts' consensus remains a 'Hold' with a $394.03 price target while the stock trades at roughly a $1.42 trillion market cap and a P/E near 284. Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop? Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The company had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company's quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.72 EPS. Research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Buying and Selling at Tesla In other news, SVP Xiaotong Zhu sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the sale, the senior vice president owned 47,600 shares in the company, valued at $17,314,500. This represents a 29.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $352.38, for a total transaction of $918,302.28. Following the completion of the transaction, the chief financial officer directly owned 9,856 shares of the company's stock, valued at $3,473,057.28. This represents a 20.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 82,606 shares of company stock worth $33,554,102 over the last ninety days. 19.90% of the stock is currently owned by corporate insiders. Tesla Company Profile